Quarterly Snapshot
| Metric | Q1'26 | YoY Δ | Q1'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 0.68% | +0.17 | 0.50% |
| Return on Equity (%) | ▲ | 7.34% | +1.47 | 5.87% |
| Net Interest Margin (%) | ▲ | 2.89% | +0.37 | 2.52% |
| Efficiency Ratio (%) | ▲ | 69.89% | -5.26 | 75.15% |
| Pre-Provision Profit ($M) | ▲ | $0 | +0.08 | $0 |
| Cost of Funds (%) | ▲ | 1.66% | -0.11 | 1.77% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $134 | +0.94 | $133 |
| Gross Loans ($M) | ▲ | $110 | +2.38 | $107 |
| Loan Growth YoY (%) | ▲ | 93.62% | +3.75 | 89.87% |
| Total Deposits ($M) | ▼ | $116 | -2.21 | $119 |
| Shareholders Equity ($M) | ▲ | $12 | +1.00 | $11 |
| Tang. Book Value ($M) | ▲ | $12 | +1.00 | $11 |
| Loan / Deposit Ratio (%) | ▲ | 93.62% | +3.75 | 89.87% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▲ | 0.00% | -0.11 | 0.11% |
| Allowance / Loans (%) | — | 0.67% | -0.01% | 0.68% |
| Net Charge-Off Ratio (%) | ▲ | 0.00% | -0.14 | 0.14% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q2'24 | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▁▃▅▅▇█ | Net Interest Margin (%) | 2.33% | 2.31% | 2.32% | 2.52% | 2.65% | 2.67% | 2.75% | 2.89% |
| ▁▁▁▆▇▆▆█ | Return on Assets (%) | 0.12% | 0.14% | 0.15% | 0.50% | 0.54% | 0.53% | 0.51% | 0.68% |
| ██▄▂▂▂▃▁ | Efficiency Ratio (%) | 95.3% | 93.8% | 81.1% | 75.1% | 74.1% | 75.2% | 76.8% | 69.9% |
| ▄▆█▃▃▃▃▁ | Cost of Funds (%) | 1.80% | 1.87% | 1.96% | 1.77% | 1.76% | 1.77% | 1.77% | 1.66% |
| █████▁▁▁ | NPA / Assets (%) | 0.12% | 0.12% | 0.11% | 0.11% | 0.11% | 0.00% | 0.00% | 0.00% |
| █████▁▁▁ | Net Charge-Off Ratio (%) | 0.15% | 0.15% | 0.14% | 0.14% | 0.14% | 0.00% | 0.00% | 0.00% |
| ▁▃▂▄▅▇██ | Tang. Book Value ($M) | $11 | $11 | $11 | $11 | $12 | $12 | $12 | $12 |
| ▁▂▂▆▆▇██ | Gross Loans ($M) | $101 | $103 | $103 | $107 | $107 | $109 | $110 | $110 |
| ▁▄▆█▅▇▇▅ | Total Deposits ($M) | $113 | $116 | $117 | $119 | $116 | $118 | $118 | $116 |
Portfolio Composition — Q1'26
| Loan Mix | % |
|---|---|
| Real Estate | 93% |
| C&I / Commercial | 4% |
| Consumer | 2% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 7% |
| Interest-Bearing (core) | 75% |
| Brokered / Other | 18% |